Bajaj Finance Ltd.

BSE: 500034 | NSE: BAJFINANCE
Large Cap | Finance - NBFC
1092.95
2.95 (0.27%)
< Home < Back

Bajaj Finance’s deposit book stands at Rs 28,000 crore in Q1FY22

Date: 06-07-2021

Bajaj Finance’s deposit book stood at approximately Rs 28,000 crore as of June 30, 2021(Q1FY22) as compared to Rs 20,061 crore as of June 30, 2020. Deposit book in Q1FY22 grew by approximately Rs 2,200 crore. Customer franchise as of June 30, 2021 stood at 50.5 MM as compared to 43.0 MM as of June 30, 2020. The Company acquired 1.9 MM new customers in Q1 FY22 as compared to 0.5 MM in Q1FY21.

New loans booked during Q1 FY22 were 4.6 MM as compared to 1.8 MM in Q1 FY21. Assets under management (AUM) stood at approximately Rs 159,000 crore (including IPO financing receivable of approximately Rs 2,900 crore) as of June 30, 2021 as compared to Rs 138,055 crore as of June 30, 2020. AUM in Q1 FY22 grew by approximately Rs 7,100 crore (Rs 4,200 crore excluding IPO financing receivable).

Bajaj Finance, the lending company of Bajaj Finserv group, is one of the most diversified NBFCs in the Indian market catering to more than 40 million customers across the country.